Monday , 1 September 2014
REEW Launches New Site! - Latest Articles:
Home » Tag Archives: loan modifications

Tag Archives: loan modifications

Two-time Losers Flood Foreclosure Inventory

Nearly half, 45 percent, of October foreclosure starts were redefaults-mortgages which had previously defaulted and were modified unsuccessfully either by the lender or the federal government. About 105,000 redefaults increased total foreclosure starts in October to 232,865, 11.5 percent more than the level of a year ago. Read More »

HAMP Cuts Re-default Rate

Homeowners who modified their mortgages under government's Home Affordable Modification Program (HAMP) are staying current on their loans at a far better rate than critics expected and are outperforming industry modifications, according to the largest data from the Treasury Department. Read More »